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updated —Funding Arbitrage Backtester
Size per leg$
R-trip cost
on +$10000.00 per leg · +$20000.00 turnover · funding never covers this cost
⚠Slippage not modeled — actual cost may differ
Funding ArbitrageLooking at price convergence? → /price-pair
Current Net APR · Snapshot
+0.00%
3d Period Avg+51.99%
swing±37.84%
LONG MEXC · now
+10.96%
3d avg:+10.96%
SHORT Hyperliquid · now
+10.96%
3d avg:+62.95%
Entry Spread Now
−0.090%
Against youL 4.6830 · S 4.6788−$8.97 if it converges
24h range −1.10%…+1.48% · median +0.21%
Long pays every8hShort pays every1h
LONGmaker0%/taker0.020%SHORTmaker0.015%/taker0.045%
Loading Funding History…
↗Total PnL
+$30.98
+0.31%
$Avg Daily PnL
+$14.66
+0.1466%
★Best Day
+$16.40
Sep 27
◎Open Interest
⚡Funding APR
+53.51%
annualized · funding only
⚠Execution Cost
−$13.00
entry + exit fees
⏱Payback
21.4h
to break even
◧24h Volume
Loading Cumulative PnL…
How it works: Funding PnL is bucketed daily from real settlement history. Execution Cost = round-trip taker fees + fees only (orderbook snapshot stale) on both legs (−$13.00 for size $10,000). Slippage scales nonlinearly with position size — try a larger size to see thin upper levels run out.